Buying a home is one of the biggest investments in our lives. Therefore, it is essential to manage the process correctly and act with full awareness. A wrong decision can lead to long-term financial and emotional difficulties. So, what should you pay attention to when buying a home? Here is a detailed guide.
Location: The Factor That Determines Your Quality of Life
The location of a home directly affects not only your daily life but also its future investment value. Urban transformation projects and zoning plans in the area should be examined carefully. Newly developing areas may have the potential to appreciate in value in the coming years.
Choose a location with good transportation access, close to public transport, main roads, and your workplace. A home near markets, schools, hospitals, and social facilities will both improve your living comfort and maintain its value over the long term.
Budget Planning: Consider Not Only the Price but Also Additional Costs
When buying a home, you must take into account not only the sale price but also the additional costs. Title deed fees, real estate agent commissions, insurance premiums, renovation expenses, and taxes should be calculated in advance. Failing to do so may cause financial strain.
If you plan to use a mortgage, compare loan offers from different banks and review interest rates. Ensure your monthly payment does not exceed 30–40% of your income. Creating a comfortable long-term payment plan will help you stay financially secure.
Title Deed and Legal Procedures: Critical Points to Check
One of the most important aspects of buying a home is the title deed process. Check if the property has a condominium title and an occupancy permit. Also, investigate whether there are any mortgages or liens on the title deed. Shared ownership titles can cause future problems, so learn about the property’s legal status in detail. If necessary, work with a lawyer or real estate consultant.
Earthquake Resistance and Building Safety
Since Turkey is located in an earthquake zone, you must verify whether the building is earthquake-resistant. Key factors include the ground it is built on, material quality, and building age. Check the concrete quality, steel reinforcement, and insulation systems. Choose buildings constructed in compliance with recent earthquake regulations. Reviewing the building’s soil survey reports will give you insight into its structural safety.
Physical Features and Usability of the Home
Do not just focus on the exterior appearance; assess the interior living quality as well. Consider whether the apartment gets sunlight, the size of the rooms, the number of bathrooms, and the kitchen design. Balcony size and parking availability are also important. If buying in an apartment building, review management practices, monthly dues, and social facilities. South-facing homes generally get more sunlight, helping with energy savings and creating a warmer atmosphere.
Investment Value and Rental Income Potential
Consider the home’s potential future appreciation. Research property price trends in the area to determine whether your investment will be profitable in the long term. If buying for rental purposes, investigate rental income in the neighborhood and calculate the payback period. Properties in accessible locations with strong social amenities tend to yield higher rental returns.
Steps to Take After Buying a Home
Once the purchase is complete, there are some official steps to follow. After the title deed transfer, obtain compulsory earthquake insurance (DASK), and transfer utilities like electricity, water, and natural gas into your name. If moving into a new residence, remember to update your address with the local civil registry office. Also, review the building’s management plan and comply with site or apartment rules.
Make the Right Decision for a Secure Investment
Buying a home is a long-term investment, so you should evaluate every stage of the process carefully. Proper budget planning is perhaps the most crucial factor when deciding what to consider. By taking into account the location, legal procedures, building safety, and investment potential, you can ensure a smooth and secure homeownership experience.
If you want to purchase your dream home with confidence, you can explore the residential projects offered by BOSS4 İnşaat and get support from our expert team.
